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Fri, Apr

€1.18 Billion Boost for Greece from EU Recovery Fund

€1.18 Billion Boost for Greece from EU Recovery Fund

Hellenic Shipping News

The European Commission has approved the disbursement of 1.18 billion euros

The European Commission has approved the disbursement of 1.18 billion euros to Greece under the Recovery and Resilience Facility, following a positive assessment of the country’s dual funding request submitted last December.

With this latest tranche, Greece has now received a total of 24.6 billion euros from the fund—equivalent to 68.5% of its overall allocation—marking steady progress in the implementation of its national recovery plan.

The combined request covered the seventh installment of grants and the sixth installment of loans. The 22 milestones tied to the seventh grant request highlight tangible advances in projects and reforms across key sectors aimed at improving citizens’ daily lives.

In public health, the funds supported the completion of extensive renovation works in nine hospitals, alongside energy upgrades, modernization efforts, and the establishment of chronic disease units in 15 health centers nationwide.

In the area of social protection, more than 1,500 people with disabilities are now benefiting from personal assistance services, while 847,000 prepaid cards have been issued to recipients of social benefits.

Significant strides have also been made in modernizing and digitizing public infrastructure and services. New digital equipment has been installed in Citizens’ Service Centers across 269 municipalities, while

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